01.02.2017 13:15:00

How These Banking Stocks are Faring? -- Hope Bancorp, Western Alliance, CVB Financial, and SVB Financial

NEW YORK, February 1, 2017 /PRNewswire/ --

Stock-Callers.com has issued research reports on the following Regional Pacific Banks stocks: Hope Bancorp Inc. (NASDAQ: HOPE), Western Alliance Bancorp. (NYSE: WAL), CVB Financial Corp. (NASDAQ: CVBF), and SVB Financial Group (NASDAQ: SIVB). These companies are part of the Financials sector, which improved from its mid-day lows on Tuesday, January 31st, 2017, but still fell after the US markets extended their decline and the Federal Open Markets Committee began two days of interest-rate talks. According to a report on NASDAQ, the NYSE Financials Sector Index dropped 0.3%, while Financials companies in the S&P 500 Index sank nearly 0.6%. Register now and get full and free access to our downloadable research reports on these stocks at:

http://stock-callers.com/registration

Hope Bancorp

Los Angeles, California headquartered Hope Bancorp Inc.'s stock finished Tuesday's session 0.48% lower at $20.91 with a total trading volume of 707,479 shares. The Company's shares have advanced 29.31% in the previous three months. The stock is trading 20.89% above its 200-day moving average. Additionally, shares of Hope Bancorp, which operates as the bank holding company for Bank of Hope that provides commercial banking services primarily to small- to medium-sized businesses and individuals in the US, have a Relative Strength Index (RSI) of 43.67.

On January 24th, 2017, Hope Bancorp announced that its Board of Directors declared a quarterly cash dividend of $0.12 per share. The dividend is payable on or about February 17th, 2017, to all stockholders of record as of the close of business on February 03rd, 2017.

On January 26th, 2017, research firm Keefe Bruyette downgraded the Company's stock rating from 'Outperform' to 'Market Perform'. Access our complete research report on HOPE for free at:

http://stock-callers.com/registration/?symbol=HOPE


Western Alliance

On Tuesday, shares in Phoenix, Arizona headquartered Western Alliance Bancorp recorded a trading volume of 857,606 shares, which was above their three months average volume of 708,560 shares. The stock ended the session 1.61% lower at $49.38. The Company's shares have advanced 0.96% in the last one month, 32.14% in the previous three months, and 1.38% on an YTD basis. The stock is trading 2.61% above its 50-day moving average and 26.19% above its 200-day moving average. Moreover, shares of Western Alliance, which operates as the bank holding company for Western Alliance Bank that provides various banking products and related services primarily in Arizona, California, and Nevada, have an RSI of 53.64.

On January 26th, 2017, Western Alliance reported net interest income of $175.3 million for Q4 2016, up 22.3%, compared to Q4 2015. The Company's net interest margin in Q4 2016 was 4.57%, down 4.67% compared to Q4 2015. Western Alliance's net income was $69.8 million for Q4 2016, up 19.3% from net income of $58.5 million for Q4 2015. EPS was $0.67 for Q4 2016 compared to $0.57 for Q4 2015. The complimentary research report on WAL can be downloaded at:


http://stock-callers.com/registration/?symbol=WAL


CVB Financial

Shares in Ontario, California headquartered CVB Financial Corp. closed the day 0.04% higher at $22.54. The stock recorded a trading volume of 389,474 shares. The Company's shares have surged 35.68% in the previous three months. The stock is trading 1.26% and 23.66% above its 50-day and 200-day moving averages, respectively. Additionally, shares of CVB Financial, which operates as the holding company for Citizens Business Bank that provides various banking and trust services for businesses, professionals, and individuals, have an RSI of 50.18.

On January 18th, 2017, CVB Financial reported net income of $27.1 million for Q4 2016 compared to $28.6 million for Q4 2015. Diluted earnings per share were $0.25 for Q4 2016 compared to $0.27 for Q4 2015. The Company's net income for Q4 2016 produced an annualized return on beginning equity of 10.74%, an annualized return on average equity of 10.60%, and an annualized return on average assets of 1.33%. Register for free on Stock-Callers.com and get access to the latest PDF format report on CVBF at:

http://stock-callers.com/registration/?symbol=CVBF


SVB Financial

At the close, shares in Santa Clara, California headquartered SVB Financial Group finished 1.44% lower at $172.23. The stock recorded a trading volume of 728,314 shares, which was higher than its three months average volume of 546,020 shares. The Company's shares have advanced 1.09% in the last one month, 40.39% over the previous three months, and 0.33% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 2.60% and 40.48%, respectively. Furthermore, shares of SVB Financial Group, which provides various banking and financial products and services, have an RSI of 51.11.

On January 26th, 2017, SVB Financial reported that consolidated net income available to common stockholders for Q4 2016 was $99.5 million, or $1.89 per diluted common share, compared to $ $87.5 million, or $1.68 per diluted common share, for Q4 2015. Download your free research report on SIVB at:

http://stock-callers.com/registration/?symbol=SIVB

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Aktien in diesem Artikel

CVB Financial Corp. 24,00 0,71% CVB Financial Corp.
Hope Bancorp Inc 14,02 1,45% Hope Bancorp Inc
SVB Financial Group 0,01 0,00% SVB Financial Group
Western Alliance Bancorporation 90,78 1,57% Western Alliance Bancorporation